No menu items!
Monday, November 25, 2024

Finance

Rs. 86,449 crore of gross GST revenue collected in the month of August

The gross GST revenue collected in the month of August, 2020 is Rs. 86,449 crore of which CGST is Rs. 15,906 crore, SGST is Rs. 21,064 crore, IGST is Rs. 42,264 crore (including Rs. 19,179 crore collected on import...

Monthly Review of Accounts of Union Government of India upto the month of July, 2020 for the Financial Year 2020-21

The Monthly Account of the Union Government of India upto the month of July, 2020 has been consolidated and reports published. The highlights are given below:- The Government of India has received Rs. 2,32,860 crore (10.4% of corresponding  BE 2020-21...

Sovereign Gold Bond Scheme 2020-21 (Series IV) – Issue Price

In terms of Government of India Notification No. F.No.4(4)-B/(W&M)/2020 dated April 13, 2020, Sovereign Gold Bonds 2020-21 (Series IV) will be opened for the period July 6-10, 2020 with Settlement date July 14, 2020. The issue price of the...

Exchange Rate Notification No. 55/2020 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.53/2020-Customs(N.T.), dated 18th June, 2020 except as respects things done or omitted to be done before...

Income Tax Department Refunded Rs. 62,361 crore to more than 20 lakh taxpayers amid COVID-19 pandemic

In pursuance to the Government’s decision vide Press Note dated April 8th, 2020 to issue pending income tax refunds in order to help taxpayers in a COVID-19 pandemic situation, the Income Tax Department has issued tax refunds at a...

Quarterly Report on Public Debt Management_January to March 2020

Since Apr-June (Q1) 2010-11, Public Debt Management Cell (PDMC) (earlier Middle Office), Budget Division, Department of Economic Affairs, Ministry of Finance has been bringing out a quarterly report on debt management on a regular basis. The current report pertains...

Rs. 90, 917 crore gross GST revenue collected in the month of June

The gross GST revenue collected in the month of June, 2020 is Rs. 90,917crore of which CGST is Rs. 18,980crore, SGST is Rs. 23,970crore, IGST is Rs. 40,302crore (including Rs. 15,709crore collected on import of goods) and Cess is...

Special Liquidity Scheme for NBFCs and HFCs

With a view to improving the liquidity position of NBFCs as well as HFCs, the Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman had announced on 13th March 2020, launch of a Special Liquidity Scheme of Rs....

First instalment of Fifteenth Finance Commission Grants to Rural Local Bodies (RLBs) released

The Fifteenth Finance Commission (XV FC) has submitted its interim report for the period FY 2020-21 and the Government of India has accepted its recommendations in respect of the Local Bodies. Stating this, Union Minister of Agriculture & Farmers’...

Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.79% GS 2030’, Auction for Sale (Issue) of ‘New GoI Floating...

Government of India has announced the Sale (Issue/Re-issue) of (i) ‘5.09 per cent  Government Stock, 2022’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘5.79 per cent  Government Stock, 2030’ for a notified...

Latest News

GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....